What's Going On With Tesla Stock Today

Tesla Inc TSLA shares are trading higher by 2.45% to $121.76, though off the session high of $125.95, after the company applied for an expansion of Gigafactory Texas.

Texas Department of Licensing and Registration filings disclosed plans to spend over $770 million on constructing electric vehicle facilities at the Texas factory. Tesla earmarked funds for activities including battery cell testing and manufacturing, cathode and drive unit manufacturing and a die shop, among other things.

The Elon Musk-led EV maker officially launched its Texas electric vehicle and battery factory in April 2022…Read More

See Also: Why Atlis Motor Vehicles Stock Is Exploding 180% Higher Today

According to data from Benzinga Pro, TSLA has a 52-week high of $384.29 and a 52-week low of $101.81.

Posted In: why it’s movingNews